Hard hitting global and local news
Read the original post: Personal Income and Outlays: Income Hits Estimates, Spending Disappoints; Optimism Reins Supreme
Read the article: Flight Paths Over Turkey Analyzed; Obama Defends Turkey; Choose Your Friends and Enemies Wisely; Merkel Madness
The Financial Times reports Turkey Shoots Down Russian Fighter Jet on Syrian Border . Vladimir Putin has accused the Turkish government of providing financial and military support to Isis, in a furious response to the downing of a Russian fighter jet near the Syria-Turkey border.
Existing Home Sales Decline, NAR Calls Report "Disturbing"; First Time Buyers Decline Third Year; Housing Clearly Weakening Existing home sales came in a bit under Bloomberg Econoday Consensus , down 3.4% in October. Year-over-year trends are weakening. Sales of existing homes are not a source of strength for the economy, down 3.4 percent in October to a slightly lower-than-expected annualized rate of 5.36 million.
Link: Housing Rebound Didn’t Lift Economy as Much as Economists Expected: Why?; Six Questions for Zandi
Links Tracking ISIS to DC’s Doorsteps November 23, 2015 ( Ulson Gunnar – NEO ) – The problem with America’s "anti-ISIS coalition" is not a matter of poor planning or a lack of resources. It is not a matter of lacking leadership or military might. The problem with America’s "anti-ISIS coalition" is that it never existed in the first place
Cash is King for Holiday Shopping; 63% of Millennials Have No Credit Cards; Millennial Attitudes and Deflationary Trends As we head into the black Friday holiday shopping season, cash is king .
Continue Reading: Brussels Closed Second Day; Spain and UK Consider Joining Fight Against ISIS; Creating Enemies When None Exist
Brussels Enters Lockdown, Warns of "Paris-Style" Attack, Airport and Sporting Events Closed Officials in Belgium have "precise information" that Brussels faces a "Paris-Style" Attack. In response Brussels Enters Lockdown . Brussels faces an imminent threat of a Paris-style Islamic State terrorist attack, authorities warned, as the city shut down its metro system and shopping malls, canceled sporting and cultural events and told people to avoid gathering in large groups.“ We have precise information that outlines the risk of an attack similar to the one that unfolded in Paris ,†Belgian Prime Minister Charles Michel told a press conference Saturday morning in Brussels.
SupplyChain247 asks Is the U.S.